Fundraising

Roy Disney’s Shamrock Holdings investment arm has been active fundraising, having closed on $104m for an LA-focused real estate fund and seeking as much as $150m for an Israeli growth capital vehicle.

OCM/GFI Power Opportunities Fund II is more than double its predecessor.

Bear Stearns Merchant Banking has set a $1.75bn target for Fund III, a seemingly modest goal considering its stellar track record.

With a former Perseus power pro at the helm, Natural Gas Partners has expanded into technology investing with a $94m first close on a debut tech investment fund.

Henderson Private Capital’s head of Asian private equity Sanjiv Kapur has left the group at the same time as it has announced the launch of a new Asian fund with a $500m target.

The UK midmarket fund’s second fund includes an investment by the Royal Mail Pension Plan, the first commitment of third party capital that the firm has received.

The global private equity firm has recruited Simon Moore from Investcorp to spearhead its push into Australia from a new Sydney office.

Six years after raising its debut fund, the private equity and mezzanine debt investor has raised $700m for its second middle-market buyout vehicle.

The emerging markets private equity investor has raised a combined $475m through two simultaneous fundraising efforts covering India and the South Asia region.

By leading a consortium to acquire Nuevo Banco Comercial, Advent International has become the first private equity fund to invest in Uruguay since the late 1990s.